Ambra Resources Group Inc. Announces Negotiations to Acquire Domain Name Company.Business/Energy Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 10, 2000 Ambra Resources Group Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ABRG) is currently negotiating to acquire an Internet domain name An organization's unique name on the Internet. The chosen name combined with a top level domain (TLD), such as .com or .org, also called a "domain extension," makes up the Internet domain name. For example, computerlanguage.com is the domain name for the publisher of this Encyclopedia. marketing company and other Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the investments. John M. Hickey, president of Ambra Resources Group, stated, "The recent prices in the seven million dollar range paid by corporations for domain names such as business.com and wallstreet.net have opened up tremendous opportunities for the growth of marketing domain names around the world. Acquiring a domain name company with thousands of domain name registrations will significantly enhance the value of Ambra Resources shares. We believe the acquisition and concept presented to us is in line with our fundamental investment strategy and represents a strong potential for Ambra Resources and its shareholders." John Hickey continued by stating, "That while the company remains committed to its core oil, gas and other mineral exploration business, I believe this is a strong growth opportunity that we should carry out as stated in our previous news release of Nov. 1, 1999." Ambra Resources executives are in negotiations with other companies in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of in relation to planned acquisitions in the Internet and high tech sectors. Acquisitions will be announced when negotiations are finalized See finalization. . By the Board of Directors, Ambra Resources Group Inc. |
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